Author Question: Which of the following is true of a shipment contract? A) The carrier is liable for the goods while ... (Read 546 times)

Medesa · **on:** Jun 24, 2018

Which of the following is true of a shipment contract?
A) The carrier is liable for the goods while they are in transit from the seller to the buyer.
B) The title and risk of loss pass to the buyer when the goods are delivered to the carrier.
C) The seller has an insurable interest in the goods until they are delivered to the buyer.
D) The title and risk of loss pass to the buyer when the payment is made by the buyer.

Question 2

When a written contract does not correctly state the agreement already made but the parties either party make seek a(n):
A) rescission
B) injunction
C) reformation of the contract
D) action for specific performance